Morning Comments September 11, 2018
Tuesday, September 11, 2018, 7:09 AM
Submitted by: Landus Cooperative
Corn steady to 1 lower
Beans 1 to 2 lower
USDA will be out with the crop ratings report today at 11 a.m. Corn and soybean ratings are expected to drop at least 1 % in the good to excellent. These were delayed from the normal Monday time due to “technical difficulties”.
USDA September S&D report will be out tomorrow, Wednesday at 11 a.m. Trade is curious to see what the USDA does with yields.
Early yield reports are all over the place for corn and beans. Starting to hear of a few folks in central Iowa harvesting or trying to.
Markets are also getting weighed down by more trade concerns. Another round of tariffs are being talked about by both the Chinese and U.S.